Why emotional intelligence is just as important as academic experience

Emotional intelligence is arguably one of the most important skills a leader can have in today’s workplace.

The ability to communicate, unite and inspire your team on an emotional level will get you just as far, if not further, then academic intelligence. Ultimately leaders become more valuable to a business when they’re able to create a team environment that gets the best performance from everyone.

So what exactly is emotional intelligence? Essentially it’s the awareness that everyone, no matter how highly specialised they are in their area, is an emotional being. Leaders with good EQ understand what people are feeling, why they’re feeling it and how these emotions can affect others.

According to American psychologist Daniel Goleman, there are five main traits an emotionally intelligent leader should have. Self-awareness, self-regulation, motivation, empathy and communication.

Self-awarenessSomeone who is self-aware recognises and accepts their strengths, weaknesses, traits, beliefs and emotions. For a leader, this ability allows them to not only understand themselves but also the people around them.

As the Entourage’s Business Advisor and resident EQ expert, I’m a firm believer in being self-aware and knowing the context before the content. There’s always a reason for somebody behaving in a certain way, and sometimes, if you’re an emotionally intelligent leader, you’ll be able to dig into that and understand why it’s happening.

I can assure you that once you start emotionally connecting with the people on your team, you’ll be able to help inspire them to be the best they can be, and in turn, you’re going to have a very, very high-performance culture.

Self-regulationSelf-regulation is essentially the management of emotions. Leaders who self-regulate don’t let their feelings, like anger and frustration, influence their behaviour.

How you conduct yourself emotionally is what people are going to observe when they’re looking at the way you hold yourself within the business.

Often where I see this fall down is when a manager only considers the stats and facts of an underperforming team member.

An emotionally intelligent leader would ask themselves ‘What’s the reason for these results?’ rather than going straight in and saying, ‘You were supposed to do this, it hasn’t been done, explain.’

MotivationEmotionally intelligent leaders genuinely believe in what they’re doing. They’re not there for the money or title, they’re there because they believe they can make a difference and wholeheartedly support the cause.

Often they’ll find the positive in the negative and are resilient in the face of disappointment. Being driven by an inner ambition and having an optimistic vibe stimulates not only yourself but your team.

EQ also has a huge impact on how you deliver messages. If you passionately tell your team about something that’s happening, that enthusiasm is going to have a huge impact on them.

The way a message feels is going to connect with people more effectively as opposed to what it actually is.

EmpathyThe old adage ‘Put yourself in their shoes’ is something all leaders should consider. Being able to see something from another person’s point of view and understand why they’re feeling the way they are is a must if you want to overcome workplace challenges.

An empathetic leader listens, easily relates and doesn’t pass judgment until they know the context.

There’s always a personal element to why somebody’s behaving a certain way. For example, somebody’s performance is slipping and you raise it with them. If you do it in the right manner, you might actually find that something’s going on at home or even in the workplace.

If that’s the case, you’re obviously going to approach that conversation in a very different manner. You’re going to be much more understanding and discuss how you can support them through this situation so they can get back to performing at their original standard.

CommunicationBeing emotionally aware is pointless without good communication. The ability to clearly convey your thoughts or directions will make sure that everyone is on the same page and ultimately create a more effective workplace.

It might sound like an easy skill to master, but having the finesse to choose the right words, listen with your mind and successfully get the message across is a valuable skill.

According to a study by the U.S. Department of Labor, companies have identified communication as one of the key skills they’re looking for in an employee.

People are starting to realise more and more that when companies are looking for high-level leaders, what’s more important than just your commercial ability is actually your ability to communicate with people.

If you think about it, it doesn’t matter what business you find yourself in the next five, 10, 15 years, you’re always going to be dealing with people, and the better you can communicate with a person the more equipped you’re going to be to lead larger teams and help people achieve high-level objectives.

In a Consortium for Research on Emotional Intelligence in Organisations study (CREIO), Johnson and Johnson found in their divisions across the world that employees who were identified as having high leadership potential had stronger emotional intelligence skills than their less-promising peers.

Goleman on the other hand, who actually coined the idea of EQ being more important than IQ in his 1995 best seller Emotional Intelligence, credits EQ as the reason why some ’average’ people are incredibly successful in their careers, while the ’geniuses’ sometimes fail to live up to their promise.

As leaders, we need to remember the emotional needs of our team are just as important, not to mention directly linked, to their performance. Learning, understanding and implementing EQ is ultimately one of the most valuable skills you can have as a leader.

The Entourage offers tailored education programs to help you in whichever stage of business you are in to take your business to the next level. Secure a free business exploration session with us today and learn how we can help you.

About Edward Wall

Edward Wall is an investor and corporate leader turned entrepreneur and advisor for The Entourage. Before working at The Entourage, Ed worked at one of Australia's largest financial institutions for 7 years. Ed started investing at a young age, and has since developed a large investment portfolio. He uses his vast skill-set in finance, leadership management to teach and inspire fellow entrepreneurs.